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Item 17 - Appropriation Adjustments for Bristol Improvement Project Phase 4
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Item 17 - Appropriation Adjustments for Bristol Improvement Project Phase 4
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2/26/2025 12:03:32 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
17
Date
3/4/2025
Destruction Year
P
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Bristol Street Improvements Project - Phase 4 <br />March 4, 2025 <br />Page 8 <br />The spendable portion of the fund balance for the following funds on June 30, 2025 is <br />estimated to be: <br />• $770,440 for the New Transportation System Improvements Area E fund; <br />• $33,747 for the New Transportation System Improvements Area F fund; <br />• $3,904,391 for the Residential Street Improvement Fund; and <br />• $257,198 for the Local Drainage Area IV Fund <br />Which is sufficient to allow for the recommended appropriations of $770,440, $33,747, <br />$1,196,886, and $257,198, respectively. <br />Approval of the requests to reallocate funds will provide a total of $7,625,197 in unspent <br />funds from Property Sale proceeds and Project Nos. 18-6901, 20-6954, 20-6955, 20- <br />6961, 20-6971, and 22-6470. <br />The following table summarizes the funds budgeted for expenditure to deliver the <br />construction of this project. <br />Accounting <br />Fiscal <br />Unit — <br />Fund <br />Accounting Unit, <br />Amount <br />Year <br />Account No. <br />Description <br />Account Description <br />Project No. <br />CURRENT BUDGET <br />01117017- <br />PWA — Service <br />2024-25 <br />66220 <br />General Fund <br />Enhancement, <br />$680,000 <br />(11-6741) <br />Improvements Other <br />Than Buildings <br />03217662- <br />Measure M <br />Measure M2 Local <br />2024-25 <br />66220 <br />Street <br />Fairshare St, <br />$11,380 <br />(11-6741) <br />Construction <br />Improvements Other <br />Than Buildings <br />03217663- <br />Measure M <br />Measure M2 <br />2024-25 <br />66220 <br />Street <br />Competitive Street, <br />$11,910,023 <br />(11-6741) <br />Construction <br />Improvements Other <br />Than Buildings <br />03517660- <br />New <br />Transportation <br />New Transportation <br />System Improvements <br />$638,361 <br />2024-25 <br />66220 <br />System <br />Area F, Improvements <br />(11-6741) <br />Improvements <br />Other Than Buildings <br />Area F <br />05917661- <br />OCTA Bristol St <br />2024-25 <br />66220 <br />Select Street <br />Corridor Imps, <br />$178,516 <br />(11-6741) <br />Construction <br />Improvements Other <br />Than Buildings <br />
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